KeyBanc raised the firm’s price target on Dutch Bros (BROS) to $79 from $77 and keeps an Overweight rating on the shares. The firm notes the company’s Q1 earnings featured impressive top- and bottom-line beats, with Dutch Bros raising 2026 guidance for comparable sales, revenue, and EBITDA. While the stock is trading lower after hours, KeyBanc sees little to pick at, as it thinks market expectations shifted higher recently, making for a trickier setup into earnings.
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Read More on BROS:
- Dutch Bros price target lowered to $75 from $76 at Barclays
- Dutch Bros price target raised to $85 from $84 at Citi
- Analyst Reiterates Buy on Dutch Bros, Maintains $70 Price Target After Strong Q1 and Raised Guidance
- Dutch Bros Wins Buy Rating on Accelerating Sales, 9 Straight Quarters of 20%+ EBITDA Growth, and Strengthening Brand Momentum
- Dutch Bros reports Q1 EPS 13c, consensus 15c